Baltimore Retail MarketView Q1 2017

New developments in Baltimore City have attracted retailers, with numerous leases signed in Harbor Point. Verde Restaurant and RavenBeer signed a letter of intent for a brew pub at Exelon Tower, while Vida Taco Bar and Orangetheory Fitness have also signed leases in that area.

A number of fitness clubs opened or announced openings in the Baltimore area. Planet Fitness opened a 16,000-sq.-ft. facility in North Baltimore. Brick Bodies is expected to open a 26,000-sq.-ft. location at the Rotunda in Baltimore. LA Fitness plans to open a 34,000-sq.-ft. branch at the Pemco Corp. development site in East Baltimore.

Multiple big-box retailers announced closure plans. hhgregg announced 10 Maryland closings including six in the Baltimore area. JCPenney announced nationwide closings including the Easton location.